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Feds Greenlight Construction Of $68B Calif. Rail Line

By David McAfee (June 14, 2013, 6:25 PM EDT) -- The Surface Transportation Board on Thursday granted the California High-Speed Rail Authority approval — subject to environmental restrictions — to begin construction this summer on a $68 billion, 65-mile rail line between Merced and Fresno, the first section of the California high-speed train system....

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